Berkshire's Bold Moves Under Abel | San Antonio News

Berkshire Hathaway, led by new CEO Greg Abel, is aggressively deploying its massive cash reserves—down from $400 billion to $365.5 billion—buying over $21 billion in stocks and snapping up Taylor Morrison for $6.8 billion, signaling a bold new investment strategy post-Warren Buffett. The company also executed a major stock buyback, hinting at confidence in its undervalued shares, while reporting 10% revenue growth. Yet, Geico’s underwriting profits plunged 45%, raising eyebrows despite overall solid operating earnings. It’s a high-stakes, dynamic transition as Berkshire reshapes its capital allocation under Abel’s leadership. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b421823ed06b63f0